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Peacock Implements Third Price Increase in Three Years and Introduces Select Tier

NBCUniversal says expensive sports rights deals are driving a push for higher subscription revenues.

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Overview

  • Starting July 23 for new subscribers and around August 22 for existing accounts, Peacock Premium will rise to $10.99 per month and Premium Plus to $16.99 per month with annual plans moving to $109.99 and $169.99.
  • Peacock Select, priced at $7.99 per month or $79.99 per year, offers current NBC and Bravo seasons plus limited library content but excludes sports and originals.
  • At $10.99 per month, Peacock’s ad-supported tier will now exceed the cost of ad-supported plans from Netflix, Disney+, HBO Max and Paramount+.
  • NBCUniversal cites its upcoming $2.45 billion-per-year NBA streaming agreement starting this October as a key factor behind the price hikes.
  • Despite growing paid subscribers to 41 million and achieving 16% year-over-year revenue growth to $1.2 billion, Peacock recorded a $215 million operating loss in the most recent quarter.